Novated Lease For Employees
Novated Lease For Employees
Get into your preferred car with a novated lease
This popular salary packaging tool could be a tax-effective way to free up your cash. It includes running costs with flexible terms and is simple to set up.
Why a novated lease is great for you
Choose your preferred car
Provided you’re eligible for a novated lease, you’re free to choose any car that suits your lifestyle.
You could save thousands on the purchase price and running costs
Everything is covered with just one monthly payment, and we offer competitive interest rates with full transparency of all fees and charges.
What's included
Just one monthly payment covers all the big-ticket costs of owning the car.
| Upfront costs: | Running costs: |
|---|---|
| ✓ Car price and accessories | ✓ Mechanical repairs, maintenance and servicing |
| ✓ Dealer delivery charges | ✓ Replacement tyres |
| ✓ First year registration and CTP insurance | ✓ Fuel |
| ✓ Purchase stamp duty | ✓ Roadside assistance |
| ✓ Novated lease establishment fee | ✓ Comprehensive car insurance |
| ✓ Personal Property Security registration fee | ✓ Registration/CTP renewals |
| ✓ Luxury Car Tax (if applicable) |
What's not included
• Tolls
• Fines
• Insurance excess
How it works
Novated leases are a hassle-free way to enjoy that new car feeling, while saving time and money.
Choose your car
Pick the car that best suits you and your lifestyle.
Set up your lease
Set up your lease through your employer and decide on a term that works from 12 to 60 months.
Get the keys
You could be behind the wheel of your new car within five days of submitting your application.
Make payments
Enjoy your new car. Your employer will take care of the repayments through salary deductions.
At the end of your lease
Either buy the car outright, extend the lease or get a new car with a new novated lease.